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Why This L.A. Firm Is Investing in San Diego

SAN DIEGO—Vista Investment Group studied the San Diego market for a number of years, making sure that if it made an investment in this region, the company would be as successful as it is in other markets, Jonathan Barach tells GlobeSt.com.

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Barach: “The barriers to entry in San Diego are very high.”

SAN DIEGO—Vista Investment Group studied the San Diego market for a number of years, making sure that if it made an investment in this region, the company would be as successful as it is in other markets, the firm’s president Jonathan Barach tells GlobeSt.com. The firm recently acquired the 80-unit La Mesa Palms multifamily community at 4300 Echo Court here for $18.97 million, marking the Los Angeles-based real estate investment company’s entry into the San Diego market. The seller was a private family investor that had owned the property for more than 40 years.

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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